WASHINGTON, DC – July 21, 2011 – (RealEstateRama) — In the midst of a slow recovery from a prolonged recession, home prices have dropped and some employers are slowly starting to hire. Yet workers in many newly filled jobs still may not be able to afford housing at the wages currently being offered. The latest edition of the Paycheck to Paycheck database from the Center for Housing Policy (the Center) reveals the gap between wages and the costs of housing, both rental and owned, in more than 200 U.S. metro areas for workers in 72 occupations.
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